Morning bid: The morning after the night before

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Morning bid: The morning after the night before
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A look at the day ahead in European and global markets from Ankur Banerjee

A bright spot for the market was a private sector survey that showed China's services activity in January expanded for the first time in five months, sending business confidence to near 12-year highs.

Even amidst the dire earnings reports from U.S. bellwethers there was a hint of hope that consumer spending was beginning to rebound in China.Economic events: Euro zone, UK, Germany S&P Global business surveys, U.S. non-farm payrolls dataReporting by Ankur Banerjee; Editing by Jacqueline Wong

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